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Alibaba Cloud's growth came to a halt. Alibaba cancelled Alibaba Cloud's spin-off. The new management team needs to prove that it can bring back growth to the cloud business. And just when ...
The cloud business generated $2.7 billion in revenue during the first quarter, making up 9% of Alibaba’s total revenues. (My colleague Alex has a financial deep dive into the cloud spinout. Stay ...
Alibaba's cloud service said it suffered a near two-hour long disruption affecting customers in mainland China, Hong Kong and the United States on Monday, its second outage within a month.
Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, became profitable for the first time in the December quarter, the company announced in its earnings report.. The firm ...
China's Alibaba Cloud on Thursday said it will slash prices of some of its products by as much as 55%, its most severe price cut to date, amid intensifying competition to attract heavy users, ...
Alibaba ( ($BABA) ) has been popular among investors this week. Here is a recap of the key news on this stock. Alibaba is making strategic moves ...
Alibaba also controlled 40.9% of China's cloud infrastructure market in the third quarter of 2020, according to Canalys, putting it far ahead of Huawei Cloud (16.2%), Tencent Cloud (15.8%), and ...
Alibaba has reported earnings for the first time since China imposed a record fine on the tech giant — and the numbers were not as awful as some feared.
Alibaba CEO Yong Zhang said Alibaba Cloud is poised for strong growth. The cloud unit is growing at a 60% clip with a strategic plan that revolves around targeting industries and new workloads.
Alibaba will invest RMB 380 billion (US$53bn) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years in a bid to dominate the next wave of technological ...
Alibaba has unveiled plans to invest 200 billion yuan ($28 billion) in its cloud business over the next three years, focusing on infrastructure development including servers, chips, network, and ...
Alibaba Cloud releases new products and pledges $1 billion to boost global alliances Your email has been sent The rate of cloud adoption among enterprises has been on the rise globally. As a ...